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Norwalk, IA 50211 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Norwalk, IA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.08
ActiveActive listings: 8686PendingPending sales: 77
Norwalk, IA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $365k$365kSoldMedian sold price (last 6 months): $338k$338k
What homes actually sell for in Norwalk, IA
Distribution of 259 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $265k to $412k
$205k to $265k: 51 sales$205k$265k to $325k: 54 sales$325k to $385k: 56 sales56sales$325k$385k to $445k: 33 sales$445k to $505k: 12 sales$445k$505k to $565k: 14 sales$565k to $625k: 7 sales$565k$625k to $685k: 7 salesMedian $338k

What the numbers say

As of October 5, 2026, Resideline is tracking 86 active listings and 7 pending sales in ZIP code 50211. That pending-to-active ratio of 0.08 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $364,950, while the median of the 259 closed sales Resideline tracked over the last six months was $338,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 50211 for 76 days.

Frequently asked questions

What is the median home price in 50211?

The median closed sale price in Norwalk, IA 50211 was $338,000 over the last six months, based on 259 closed sales tracked by Resideline. The middle half of those sales ranged from $265,000 to $412,050.

Is 50211 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 86 active listings in 50211, a pending-to-active ratio of 0.08. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 50211 currently looks like a balanced market.

Nearby ZIP code market data

Full Norwalk, IA housing market report →

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